Somers Point, NJ 08244 Real Estate & Property Data
Last Updated: April 25, 2024
A total of 224 residential properties have been sold over the past 12 months in 08244. With a median sales price of $358,000 in 08244. Discover market trends and get the granular level real estate data for Somers Point, NJ 08244 to keep your pulse on the housing market. Curate compelling home reports for Somers Point, NJ 08244 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 3,912
Total Commercial Properties 228
Avg. Home Age (Single Family Home) 64 Years
Avg. Square Feet (Single Family Home) 1,521
Total 2024 Residential Sales (year-to-date) 31
% of Homes Seriously Underwater (Q2 2024) 0.61%
Total 2023 Residential Sales 217
% of Equity Rich Homes (Q2 2024) 51.15%
Effective 2023 Property Tax 1.75%
Total Foreclosure Filings (year-to-date) 3
Somers Point, NJ 08244 Real Estate Overview
There were 224 residential properties sold in the past year in Somers Point, NJ 08244. The median home value in Somers Point, NJ 08244 is $367,200. There are a total of 3,912 residential properties in the 08244.
Median Sales Price i
$358,000
(Feb 2024)
+19.3%
year-over-year
y-o-y
- February '24 Feb '24 $358,000
- January '24 Jan '24 $401,000
- December '23 Dec '23 $355,000
- November '23 Nov '23 $350,000
- October '23 Oct '23 $327,500
- September '23 Sep '23 $312,500
- August '23 Aug '23 $412,500
- July '23 Jul '23 $402,500
- June '23 Jun '23 $386,250
- May '23 May '23 $338,500
- April '23 Apr '23 $334,500
- March '23 Mar '23 $302,500
Median Down Payment i
$66,000
(Feb 2024)
+3.3%
year-over-year
y-o-y
- February '24 Feb '24 $66,000
- January '24 Jan '24 $101,280
- December '23 Dec '23 $76,750
- November '23 Nov '23 $124,500
- October '23 Oct '23 $77,825
- September '23 Sep '23 $55,125
- August '23 Aug '23 $84,113
- July '23 Jul '23 $68,000
- June '23 Jun '23 $56,075
- May '23 May '23 $85,500
- April '23 Apr '23 $61,700
- March '23 Mar '23 $97,000
Number of Homes Sold i
19
(Feb 2024)
+46.2%
year-over-year
y-o-y
Number of Purchase Loans i
12
(Feb 2024)
-7.7%
year-over-year
y-o-y
Number of REFI Loans i
11
(Feb 2024)
+83.3%
year-over-year
y-o-y
Number of HELOC Loans i
4
(Feb 2024)
+100%
year-over-year
y-o-y
Somers Point, NJ 08244 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
- February '24 Feb '24 N/A
- January '24 Jan '24 2
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 4
- June '23 Jun '23 1
- May '23 May '23 N/A
- April '23 Apr '23 1
- March '23 Mar '23 1
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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